Promising Canadian Stocks To Watch Now – May 11th

CSX, Celsius, and Cenovus Energy are the three Canadian stocks to watch today, according to MarketBeat’s stock screener tool. Canadian stocks are shares of ownership in companies that are based in Canada and primarily traded on Canadian exchanges such as the Toronto Stock Exchange (TSX) and the TSX Venture Exchange. Owning these stocks gives investors a claim on a company’s assets and earnings, as well as voting rights in certain corporate decisions. They provide exposure to key sectors of the Canadian economy, including natural resources, financial services, and technology. These companies had the highest dollar trading volume of any Canadian stocks within the last several days.

CSX (CSX)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.

CSX traded down $0.22 during trading on Friday, reaching $28.74. The stock had a trading volume of 9,630,144 shares, compared to its average volume of 12,744,698. The stock has a 50 day moving average of $28.78 and a two-hundred day moving average of $31.85. The company has a quick ratio of 1.23, a current ratio of 0.86 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $53.99 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 1.92 and a beta of 1.22. CSX has a 1-year low of $26.22 and a 1-year high of $37.10.

Celsius (CELH)

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional energy drinks and liquid supplements in the United States, Australia, New Zealand, Canadian, European, Middle Eastern, Asia-Pacific, and internationally. The company offers CELSIUS, a fitness drink or supplement designed to accelerate metabolism and burn body fat; various flavors and carbonated and non-carbonated functional energy drinks under the CELSIUS Originals and Vibe name, as well as functional energy drink under the CELSIUS Essentials and CELSIUS On-the-Go Powder names; and CELSIUS ready-to drink products.

Shares of Celsius stock traded up $1.52 during trading on Friday, hitting $36.76. The stock had a trading volume of 6,163,883 shares, compared to its average volume of 7,881,240. The business has a fifty day moving average of $34.00 and a two-hundred day moving average of $29.67. The firm has a market cap of $9.47 billion, a P/E ratio of 83.55, a PEG ratio of 2.90 and a beta of 1.65. Celsius has a fifty-two week low of $21.10 and a fifty-two week high of $98.85.

Cenovus Energy (CVE)

Cenovus Energy Inc., together with its subsidiaries, develops, produces, refines, transports, and markets crude oil, natural gas, and refined petroleum products in Canada and internationally. The company operates through Oil Sands, Conventional, Offshore, Canadian Refining, and U.S. Refining segments.

NYSE CVE traded up $0.53 on Friday, reaching $13.29. The company’s stock had a trading volume of 15,522,458 shares, compared to its average volume of 8,842,389. Cenovus Energy has a twelve month low of $10.23 and a twelve month high of $21.08. The stock has a market cap of $24.22 billion, a PE ratio of 10.98 and a beta of 0.95. The firm’s 50 day moving average is $12.57 and its two-hundred day moving average is $14.31. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.95 and a current ratio of 1.59.